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6-9-146
Section 6-9-146 Void or irregular mortgage foreclosure. A purchaser at a void or irregular
judicial sale under foreclosure of a mortgage succeeds to all of the interests of the mortgagee.
(Code 1907, §4131; Code 1923, §7846; Code 1940, T. 7, §558.)...
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16-33B-3
Section 16-33B-3 Administration of program. The Alabama Guaranteed Student Loan Program created
under this chapter shall be administered by the Alabama Commission on Higher Education. The
Executive Director of the Alabama Commission on Higher Education shall have the primary responsibility
for the administration of the program, including appropriate staffing, in accordance with
the Federal Student Loan Law, and rules, regulations, policies, and procedures to be promulgated
by the Alabama Commission on Higher Education. (Acts 1980, No. 80-733, p. 1484, §3; Acts
1988, 1st Ex. Sess., No. 88-866, p. 366, §1.)...
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19-3-128
Section 19-3-128 Debts incurred under National Housing Act and under acts of congress relating
to veterans' benefits. All debts or extensions of credit incurred pursuant to any provision
of the act of Congress known as the National Housing Act, as the same now exists or may hereafter
be amended or supplemented, and all debts or extensions of credit incurred pursuant to any
act of congress relating to veterans' benefits, as the same now exists or may hereafter be
amended or supplemented, shall be legal investments for banks, insurance companies, savings
and loan associations, trustees, fiduciaries of all types and for any other person, firm or
corporation, and shall be free from any restrictions of this state as to the nature, forms,
or amounts of any loans or investments. The provisions of this section supersede the provisions
of any act defining legal investments in any way contrary to the provisions hereof. (Acts
1969, No. 2, p. 296.)...
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16-33B-7
Section 16-33B-7 Dissolution of program; vesting of property. The loan program may not be dissolved
until all guaranteed loans have been repaid by the borrowers, or if in default, by ACHE. Upon
dissolution of the loan program, all the property and moneys of the program not owed to the
federal government shall vest in the Education Trust Fund, or its successor fund. (Acts 1980,
No. 80-733, p. 1484, §7.)...
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31-5A-7
Section 31-5A-7 State Veterans' Home Trust Fund; deposits; expenditures. There is hereby created
in the State Treasury a trust fund for the Alabama Department of Veterans' Affairs, to be
known as the Alabama Veterans' Home Trust Fund. The trust fund shall consist of all funds
and monies received by the State Board of Veterans' Affairs and/or the Alabama Department
of Veterans' Affairs from the United States, any federal agency or institution, gifts, contributions,
bequests, any individual reimbursements, and any other source, for the care or support of
veterans, discharged other than under dishonorable conditions, who have been admitted and
cared for at an Alabama Department of Veterans' Affairs state veterans' home. Nothing contained
herein prohibits the establishment and utilization of special agency accounts by the Department
of Veterans' Affairs and its constituent institutions, as may be approved by the State Board
of Veterans' Affairs, for receipt and disbursement of the personal...
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34-14C-7
Section 34-14C-7 Home Medical Equipment Fund. There is hereby established a separate special
revenue trust fund in the State Treasury to be known as the Home Medical Equipment Fund. All
receipts collected by the board under the provisions of this chapter are to be deposited into
this fund and shall be used only to carry out the provisions of this chapter. The receipts
shall be disbursed only by warrant of the state Comptroller upon the State Treasury, upon
itemized vouchers approved by the executive director. No funds shall be withdrawn or expended
except as budgeted and allotted according to Sections 41-4-80 to 41-4-96, inclusive, and 41-19-1
to 41-19-12, inclusive, and only in amounts as stipulated in the general appropriations bill
or other appropriations bills. (Act 2000-739, p. 1619, §7; Act 2004-441, p. 777, §1; Act
2014-172, p. 489, §1.)...
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34-20-16
Section 34-20-16 Prohibited acts; penalties. (a) It shall be a misdemeanor for any person to:
(1) Sell or fraudulently obtain or furnish any license or aid or abet therein; (2) To practice
as a nursing home administrator under cover of any license illegally or fraudulently obtained
or unlawfully issued; (3) Practice as a nursing home administrator or use in connection with
his or her name any designation tending to imply that he or she is a nursing home administrator
unless duly licensed to so practice under the provisions of this chapter; (4) Practice as
a nursing home administrator or use in connection with his or her name any designation tending
to imply that he or she is a nursing home administrator during the time his or her license
issued under the provisions of this chapter shall be expired, suspended, or revoked; or (5)
Otherwise violate any of the provisions of this chapter. (b) Such misdemeanor shall be punishable
by a fine of not more than $500 or by imprisonment in the...
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34-20-2
Section 34-20-2 License required. No nursing home in the state may operate unless it is under
the supervision of an administrator who holds a currently valid nursing home administrator's
license, or provisional license, issued by the Board of Examiners of Nursing Home Administrators.
No person shall practice or offer to practice nursing home administration in this state or
use any title, sign, card, or device to indicate that he or she is a nursing home administrator
unless such person shall have been duly licensed as a nursing home administrator or as a provisional
nursing home administrator. In the event a nursing home administrator dies, unexpectedly resigns,
becomes incapacitated, or has his or her license revoked, the person or persons then responsible
for the management of the nursing home shall immediately notify the Board of Examiners of
Nursing Home Administrators and the agency issuing the nursing home license and shall be allowed
a reasonable period of time, in accordance...
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41-14A-13
Section 41-14A-13 Establishment of Program Enforcement Fund. There is hereby created a SAFE
Program Enforcement Fund, which shall be held and administered by the State Treasurer. There
shall be paid into the Program Enforcement Fund all administrative penalties collected under
this chapter. The amounts in the Program Enforcement Fund shall be applied and disbursed by
the State Treasurer to pay the costs and expenses of enforcing the requirements and provisions
of this chapter, including the costs of foreclosing on pledged collateral, of making and collecting
assessments from qualified public depositories, and of enforcing the obligations of qualified
public depositories under contingent liability agreements. Any money in the Program Enforcement
Fund estimated not to be needed for immediate cash requirements shall be invested in any securities
or other investments selected by the State Treasurer that are permitted under Section 41-14-30.
All interest and other earnings from the...
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27-41-12
Section 27-41-12 Particular investments - Obligations issued or guaranteed by certain federal
agencies. An insurer may invest in obligations issued or guaranteed by the following agencies
of the United States of America: (1) Commodity Credit Corporation; (2) Federal intermediate
credit banks; (3) Federal land banks; (4) Central bank for cooperatives; (5) Federal home
loan banks; (6) Federal National Mortgage Association; (7) Federal Home Loan Mortgage Corporation;
(8) Tennessee Valley Authority; and (9) Any other similar agency of the government of the
United States of America having similar financial quality. (Acts 1977, No. 408, p. 530, §12.)...
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